Quebec: A Good Neighbour in Transition: Difference between revisions

Quebec: A Good Neighbour in Transition (view source)

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 Of course, we will continue to call upon financial markets in Ouébec, Canada and outside, but we intend to watch the growth rate of our borrowings very closely.
-And do I need to say we intend to avoid like the plague lavish spending sprees like [[last year's Olympics]], and rather look systematically for essential and productive projects, with the greatest emphasis on those that create more employment.
+And do I need to say we intend to avoid like the plague lavish spending sprees like [[w:1976 Summer Olympics|last year's Olympics]], and rather look systematically for essential and productive projects, with the greatest emphasis on those that create more employment.
 On this point, many of you are certainly aware that [[w:Hydro-Québec|Hydro-Québec]] is in the midst of vast development projects on our great northern rivers. In this age of energy shortages, nothing could he more indicated than a special effort to fully develop all of our yet untapped resources in the hydro-electric field. Since, as Minister of Natural Resources, some years ago, I was closely and personally involved in the creation of Hydro-Québec as we know it today, I am pleased to observe that the financial community recognizes the high competence of our great utility's management and has never failed no provide financial backing for its projects. And I am confident that this well-deserved support will continue in the future.